| Job Location | Riyadh, Saudi Arabia |
| Education | Not Mentioned |
| Salary | Not Mentioned |
| Industry | Human Resources Outsourcing |
| Functional Area | Not Mentioned |
Finance & Accounts executive shall be responsible for planning, overseeing the complete Finance, Accounting of goods and services for the Project strictly as per the norms & guidelines of the Company and it?s JV partner, jointly in consultation with Chief Financial Officer (CFO), Project Manager and Project Consultants. The role covers goods receipt documentation, accounting, processing of payments, bookkeeping, taxation, related documentation, petty cash handling at project site.Finance & Accounts executive reports to the Chief Financial Officer (CFO) functionally and administratively to Project Manager and shall be responsible for :Establish, maintain and implement all accounting and accounting control procedures at site ? in co-ordination with Project teamPrepare Monthly Cash flow projections / statements for the project.Ensuring replenishment of Cash on timely basis for maintaining imprest petty cash for site related expenses; Ensure safe & proper handling of cash.Prepare Goods Receipt Notes (GRNs) for all incoming materials received against Direct Orders ? after due verification /certification by concerned Project Engineer & Project Manager.Maintain Accounts Payable.Process payments due to Vendors / Contractors after proper authorization as per Accounting system and LoA; Ensure timely payment as per PO /Contract terms.Update & maintain all taxes & duties related documentation to enable customs exemption; Maintain general ledger operation Ensure proper classification of Costs / expenses against various Asset codes, Cost centre codes, internal orders, general ledgers codes etc.Assist in Capitalization of (Project) Capital work in progress and calculation of Depreciation.Monitor and review accounting and related system reports for accuracy and completeness.Explain accounting policies to staff, vendors and contractors and resolve any accounting discrepanciesMonitoring timely accounting data entry and ensure quality checkAssist in preparing journal entriesAssist with monthly closings and preparation of monthly financial statements for submission to CFOMaintain financial security by establishing internal controlFollow up with the Procurement Executive for obtaining correct and timely tax/duties related documents from Vendors /Contractors/Customs agenciesEnsure timely MIS costing & Inventory Valuation.
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